Bearish flow noted in Petrobras (PBR) with 8,922 puts trading, or 1.6x expected. Most active are Dec-26 10 puts and Oct-25 13 calls, with total volume in those strikes near 8,200 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on November 6th.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PBR:
- Baker Hughes secures multi-year contract with Petrobras
- Weatherford gets $147M tubular running services contract from Petrobras
- Petrobras put volume heavy and directionally bearish
- Petrobras Successfully Settles $2 Billion Global Notes Offering
- Petrobras: Buy Rating Backed by Surging Oil Production and Strategic Investments